2. Fixed deposits and recurring deposits
are. (A) repayable after an agreed period (B)
repayable on demand (C) not repayable (D) repayable after death of
depositors (E) repayable on demand or after an agreed
period as per bank’s choice

3. When a bank returns a cheque unpaid, it is
called. (A) payment of the cheque (B) drawing of the
cheque (C) cancelling of the cheque (D) dishonor of the cheque (E) taking of the
cheque

4. Which of the following states became the
first state in the country to launch RBI’s e-payment system for commercial tax
payers? (A) Andhra Pradesh (B) Kerala (C) Gujarat (D) Maharashtra (E) Karnataka

8. A centralized database with online connectivity to branches, internet
as well as ATM-network which has been adopted by almost all major banks of our
country is known as. (A) investment banking (B) core banking (C) mobile banking(D) national banking (E) specialized banking

9. With a view to facilitate payment of balance in the deposit account
to the person named by the depositor without any hassles in the event of death
of the account holder, the following facility was introduced for bank accounts
in our country– (A) Will (B) Registration (C) Nomination(D) Indemnity (E) Guarantee

10. What is money laundering? (A) Conversion of assets into cash (B) Conversion of Money which is
illegally obtained(C) Conversion of cash into gold (D) Conversion of gold into cash(E) Conversion of gold with foreign currency

11. Which one of the following is not a salient feature of debit card?(A) No bad debts to banks and no suits for recovery (B) No interest
earning for banks(C) Works like a normal withdrawal slip (D) 45 days credit is given to
the card holder(E) All the above

12. Which of the following is a measure taken by Reserve Bank of India
to control inflation in our country? (A) Increase in CRR (B) Increase in SLR (C) Contraction of supply of
currency(D) Raising of Repo / Reverse Repo Rate (E) Decrease the SLR

13. What type of loan is granted by banks for purchase of white
goods? (A) Consumption loan (B) Mortgage loan (C) Consumer durables loan(D) Home loan (E) None of these

14. What is a stale cheque? (A) A cheque issued without drawer’s signature (B) A cheque with only
signature of the drawer(C) A cheque which has completed six months from its date of issue (D) A
six months’ post dated cheque(E) Anyone of these

15. Which one of the following constitutes the largest percentage of
Retail loans in India? (A) Auto loans (B) Personal loans (C) Personal overdrafts(D) Consumer loans (E) Home loans

16. Credit risk to the bank is high from which of these cards? (A) Debit cards (B) Credit cards (C) ATM cards(D) All the above (E) None of these

17. Depreciation of an asset occurs due to. (A) Fire in the unit (B) Theft (C) Labour Trouble(D) Wear and tear (E) None of these

18. Which of the following is NOT a source of funds of a commercial
bank? (A) Capital (B) Borrowings from RBI (C) Call money borrowings(D) Deposits (E) Cash Reserves with RBI

19. Which one of the following is a Credit Card Association? (A) India Card (B) Master Card (C) SBI Cards(D) City Bank Cards (E) BOB Card